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Eustace-Mullins/442pg-the-sydicate-excellent-must-read - JokeBook

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The Genesis of <strong>the</strong> Syndicate 9<br />

were organized under <strong>the</strong> French house into a "noiseless international<br />

syndicate that reached from J. P. Morgan in New York to Baron Louis-<br />

controlled Creditanstalt in Vienna." 12 They bought a 50,000 square-mile<br />

tract of land in Canada, <strong>the</strong> biggest in <strong>the</strong> history of Canada, which included<br />

gold deposits. They influence <strong>the</strong> Bank of England, Bank of France, and<br />

<strong>the</strong> Reichsbank of Germany, all of which are known as government<br />

institutions-central banks regulating currency - but are in effect privately<br />

owned by <strong>the</strong> House of Rothschild as stockholder. They also influence <strong>the</strong><br />

US Federal Reserve, <strong>the</strong> IMF, and Geneva finance: in short, <strong>the</strong> world's<br />

monetary policy. 13<br />

The primary business of <strong>the</strong> London-based N M Rothschild and Sons,<br />

<strong>the</strong> most influential of <strong>the</strong> Rothschilds' houses, has been to sell and buy<br />

treasuries and gold bullion. At 10.30am and 3pm each day <strong>the</strong>y have helped<br />

fix <strong>the</strong> price of gold through <strong>the</strong> London Bullion Marketing Association.<br />

Five men have talked by phone for 10 minutes, <strong>the</strong>n lowered tiny Union<br />

Jacks on <strong>the</strong>ir desks in a ceremony that has been performed daily since<br />

September 12,1919. The Rothschilds have earned fees on every transaction<br />

involving treasuries and 42m ounces of gold a day - on transfers, calls,<br />

puts, trades, and leases. 14 Of <strong>the</strong> world's above-ground gold reserves<br />

(120,000 tons), one third (40,000 tons) is held in central banks and <strong>the</strong><br />

remaining two-thirds are held privately. It is not known by whom.<br />

It is difficult to quantify <strong>the</strong> world's wealth. This is <strong>the</strong> sum total of <strong>the</strong><br />

wealth of all nations, and includes <strong>the</strong>ir GDP (gross domestic product),<br />

mineral and oil reserves, investments, and <strong>the</strong> gold bullion in <strong>the</strong> world's<br />

banks ($30ob). According to a prestigious world wealth report 15 based on<br />

people with more than $1m, <strong>the</strong> combined GDP of <strong>the</strong> world in 2002<br />

was $27.2 trillion. (Of this, North America accounted for $7.4 trillion and<br />

Europe for $8.8 trillion.) If we reckon that <strong>the</strong> world's wealth is ten times<br />

<strong>the</strong> world's GDP, <strong>the</strong>n <strong>the</strong> world's wealth is $272 trillion.<br />

An estimate of <strong>the</strong> Rothschilds' worth? The Richest Men in <strong>the</strong> World<br />

lists generally exclude dynastic families. If <strong>the</strong>y had $6b in 1850 (a low<br />

estimate), 16 <strong>the</strong>n, assuming no erosion of <strong>the</strong> wealth base, it could have<br />

been invested to bring in a conservative range of between 4% and 8%<br />

per annum, which gives figures ranging from $1.9 trillion to $491,409<br />

trillion 17 (more than <strong>the</strong> world's wealth according to our estimate). Take<br />

a really conservative estimate of around $1 trillion. 18 In comparison, Bill<br />

Gates' worth was estimated in 2004 as $32 billion. 19 If you consider that

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